1420 Belo PlGalvestonTX77551
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Galveston at 1420 Belo Pl, Galveston, TX, 77551 priced at $305,000 converts $2,929/mo rent into $760/mo cash flow after a $1,493/mo obligation. Total monthly income equals $2,929/mo, and annual cash flow totals $9,119/yr on $101,108 invested. Return on cash invested prints 28.93% in year one, and rental yield reads 11.52% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 152.41% and total cumulative return in cash sums $154,102. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,929/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 2014
5,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77551, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,786 (100%) |
| Owner Occupied HU | 4,136 (38.3%) |
| Renter Occupied HU | 4,914 (45.6%) |
| Vacant Housing Units | 1,736 (16.1%) |
| Median Home Value | $340,338 |
| Average Home Value | $396,421 |
Housing Distribution
Address Breakdown
Residential
10,270
Single Family
6,121
Multi-Family
4,149
Businesses
563
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Listed by: Orpha Palomares • Orpha Ruth Palomares Realty
Mls Name: HAR
Mls Provider:
Mls ID: #6965183
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